Allsop is only one of the Times regulars who hate us. Add in David Smith, Anne Ashworth and that awful woman who was always promoting Buy to Let ( I will not name her because to do so feeds her vanity). We are right, the Times has been wrong, but is now undergoing a conversion. Will it now scrap its property supplements? They are about as relevant to ordinary people as magazines on ocean racing.

TV presenter Kirstie Allsopp of Channel 4’s Location, Location, Location has described the site as “sick”.

“There is a website called Housepricecrash and I am their deadliest enemy,” she said earlier this year. “They all rent and have a vested interest and enjoyment in watching others suffer . . . We are not going into freefall unless we panic ourselves into it.”

Ok let's assume that what she stipulates is true, it is uncomparable with her own vested interest and enjoyment to push people into unsustainable debt levels to the benefit of her and other greedy upstarts btl portfolios.Kirstie Allsopp I just hope that you will end up in tears with your btl mates, turn your greed into disorder eating and as a result triple in volume physically proving how covetous you are! My first conservative prediction is a quintal by end of 2009...

When will people wake up and relise that the housing bubble, in particular the btl bubble, was just as much a Ponzi racket as Madoff's. It totally relied upon new entrants who, in effect, paid off previous "investors" either in cash as and when they sold, or in artificial valuations that allowed equity to be withdrawn and/or re-invested in more btl properties. Where is the difference between that and what Maddoff was doing?